Dasset Introduces Support For BSV on its Trading Platform
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Dasset Introduces Support For BSV on its Trading Platform

September 25, 2020      Vandana Malik

Dasset, the digital asset exchange based in New Zealand, has now introduced support for Bitcoin SV (BSV) on its platform. According to the announcement, BSV/NZD and BSV/BTC pairs are now available for trading on the exchange. It is revealed that the exchange has decided to launch these trading pairs due to the growing interest in Bitcoin SV. 

Bitcoin SV was created in 2018 when Bitcoin Cash had suffered a hard fork and it was portrayed as the original Bitcoin. According to Bitcoin SV’s website, the main aim of the project is to provide a clear choice for miners. Along with this, it also allows different businesses to build both applications and websites. 

By Adding BSV, Dasset is Making Process Easy

As Dasset has extended its support for BSV, Jimmy Nguyen, the founding President of Bitcoin Association has commented on this development. Nguyen believes that in order to see BSV growing further, there is a high need to make the onboarding process of new users easy and quick. 

This step by Dasset has made the whole process a lot more simple and quick for the users across New Zealand and Australia. Now the users are going to have access to a registered service provider for entering the BSV ecosystem. 

Exchange is Not Regulated by FMA 

Dasset was founded back in 2017, which is currently serving retail, professional and institutional customers across New Zealand and Australia. The company is registered as a Financial Service Provider, however, it is not regulated by the Financial Markets Authority (FMA). This is because New Zealand does not have any specific crypto regulation under which the exchange would be regulated.

Stephen Macaskill, CEO of Dasset has said, “We recently listed Bitcoin SV to give customers the opportunity to discover, and ultimately decide, which crypto assets will best serve their digital future.”

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Vandana Malik
Vandana Malik

Vandana has received Master of Arts degree in English from GEU Dehradun. She is currently working as a content writer with Agio Support Solutions and earlier worked as a sub-news editor at Business News and Information Services Private Limited. She is an enthusiastic content writer and aims to bring a compelling yet informative content to the audience. Meanwhile, enhancing her own knowledge in the cryptocurrency and blockchain industry.